Springs Of Hope Kenya Inc
- Assets
- $321.4k
- Revenue
- $282.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Dunedin, FL
- Founding
- 12/2009
- Data as of
- 12/2023
- EIN
- 26-3955826
Organization Overview
Springs Of Hope Kenya Inc is located in Dunedin, FL. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springs Of Hope Kenya Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Springs Of Hope Kenya Inc generated $282.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $248.0k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPRINGS OF HOPE KENYA IS A CHRISTIAN BASED MINISTRY WITH A MISSION TO SERVE THE NEEDS OF 63 ORPHANED CHILDREN IN THE NAKURU KENYA AREA. THROUGH DONATIONS AND FUND RAISING EFFORTS, SPRINGS OF HOPE KENYA PLANS TO BUILD A CARE CENTER THAT WILL PROVIDE HOUSING, EDUCATION, NUTRITION AND HEALTHCARE FOR ORPHANED CHILDREN AND THEIR CAREGIVERS BY PROVIDING BEDS, FOOD, SHELTER, EDUCATION AND NURTURING FOR THE CHILDREN. ADDITIONAL GOALS INCLUDE ESTABLISHING A FOSTER PROGRAM FOR ORPHANS. BY SUPPORTING THE COMMUNITY IN THIS ENDEAVOR, WE CAN HELP SUPPLEMENT THE FAMILIES SO THEY CAN TAKE ON THIS ADDITIONAL BURDEN OF CARING FOR THE CHILDREN AND AVOID HAVING THEM PLACED IN ORPHANAGES. THESE ACTIVITIES WILL BE CARRIED OUT BY SPRING OF HOPE'S DIRECTORS AND THROUGH LOCAL SUPPORT IN THE FORM OF A FACILITIES MANAGER, A SOCIAL WORKER, MATRONS AND A COOK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD A CARE CENTER (ORPHANAGE) TO PROVIDE A HOME FOR VULNERABLE CHILDREN WITH NO FAMILIES. START A NUTRITIONAL SUPPLEMENT PROGRAM SO CHILDREN ARE HEALTHY ENOUGH TO FIGHT OFF COMMON AILMENTS THAT CAN CAUSE DEATH IN KENYA. IMPLEMENT FOSTER CARE PROGRAMS SO THAT ORPHANS HAVE THE OPPORTUNITY TO GROW UP IN A FAMILY ATMOSPHERE WITH KENYAN FAMILIES. ESTABLISH EVANGELISM PROGRAMS TO MAKE SURE THE ORPHANS KNOW ABOUT THEIR HEAVENLY FATHER AND HOW MUCH THEY MATTER TO HIM. ENSURE ALL THE CHILDREN IN OUR CARE ARE RECEIVING AN EDUCATION.
SEWING PROJECT & SKILLS TRAINING - SPRINGS OF HOPE KENYA OPERATES A SEWING PROGRAM TO HELP TEACH VARIOUS SKILLS TO LOCAL VILLAGERS.
KAMBI AMANI ECO CAMP - THE PROCEEDS FOR THIS KAMBI AMANI GO TOWARDS OUR CHILDREN AT SOHK AND AT RISK YOUTH AND THE COMMUNITY IN THE FOLLOWING WAYS: CREATING JOBS FOR OUR FORMER STREET CHILDREN AND ORPHANS THROUGH TRAINING AND THROUGH TOURISM AND HOSPITALITY. SERVING THE LOCAL COMMUNITY THROUGH THIS ENDEAVOR THROUGH EMPLOYMENT OPPORTUNITIES REVENUE FROM THIS PROJECT WILL GO TO THE FUTURE EDUCATION OF OUR CHILDREN BY BUILDING A BASIC CAMPING AND LUXURY CAMPING EXPERIENCE FOR TOURIST AND MISSIONARIES. THIS IN TURN WILL BRING AWARENESS TO SOHK AND THE ORPHANS OF KENYA, AND THE BEAUTIFUL NATURAL ENVIRONMENT OF KENYA. SOHK WILL USE THE CAMP IN DOWN TIMES FOR LOCALS TO RENT FOR WEDDINGS, COMPANY RETREATS AND OTHER EVENTS. THIS WILL ENSURE WE ARE ABLE TO RAISE FUNDS YEAR ROUND AND NOT JUST IN HIGH SEASONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Griffith Director | Trustee | 0 | $0 |
Dede Jones Director | Trustee | 0 | $0 |
Richard J Callahan Jr Director | Trustee | 0 | $0 |
Jacque Poole Director | Trustee | 0 | $0 |
Molly Waits President | OfficerTrustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $282,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,423 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,814 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,858 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,081 |
| Travel | $11,944 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,494 |
| All other expenses | $0 |
| Total functional expenses | $247,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,506 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $279,874 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $321,380 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $321,380 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $321,380 |